Ameritrade Case Study Cost Of Capital
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Cost of Capital $258.96 This book is in Used condition |
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The Cost Of Capital $42.6 This book is in New – Excellent condition |
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The Cost of Capital by Kolbe, Lawrence; Read, James; Hall, George R. Edition , 0 $30.49 One of the most contentious questions in public utility regulation is what fair rate of return to allow investors. This book spells out the advantages and disadvantages of the major methods used to estimate the required rate of return. It is a thorough review and critique that will prove valuable to all members of the regulatory community – commissions and their staff, legal and management counsel, and intervenors – and to students of finance and regulation.The point of departure is the cost of capital as a concept and the rationale for setting the allowed rate of return equal to the cost of capital. On this basis a comprehensive set of evaluation criteria are developed, including theoretical, practical, and empirical aspects. With the conceptual and methodological framework established, the authors proceed to evaluate the five major estimation methods: comparable earnings, discounted cash flow, capital asset pricing model, risk positioning, and market-to-book ratio. In addition, they survey new methods of estimating the cost of capital, such as the Arbitrage Pricing Theory, that are likely to be used more frequently in the future. Several related topics are treated in appendices. The goal of the book is not to choose a single best method, but to provide a systematic assessment of the strengths of each.The authors are affiliated with Charles River Associates in Boston. Lawrence Kolbe is Vice President, James Read is Senior Research Associate, and George R. Hall is Vice President. A Charles River Associates Study. |
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A Theory of the Firm’s Cost of Capital $51.3 This book is in New – Excellent condition |
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Regulatory Risk And the Cost of Capital $87.49 This book is in New – Excellent condition |
September 6th, 2010 in
TD Ameritrade
